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$1,050,000 (USD)
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Ithaca Area Multi-Family Home

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505 Dryden Road Ithaca, NY 14850

11 Bed
3 Baths
4318 sqft
MLS# R1626678
Nestled in the vibrant heart of Collegetown, this exceptional multi-family property presents a rare opportunity for investors and Cornell University affiliates alike. Featuring an impressive 11 bedrooms and 3 bathrooms, this spacious residence offers tremendous potential for rental income in one of Ithaca's most sought-after locations. Just steps away from GreenStar Food Co op, residents enjoy convenient access to fresh, local groceries without the hassle of a long commute. Nature enthusiasts will appreciate being less than a 10-minute walk from Six Mile Creek Natural Area, where scenic trails and peaceful waterways provide the perfect escape from academic pressures. The property's prime location places Cornell University's campus within easy reach—ideal for students, faculty, and staff looking to minimize their daily commute. Meanwhile, East Hill Plaza offers nearby shopping amenities for everyday needs. This well-positioned investment property combines the perfect blend of accessibility to campus life while maintaining enough distance to ensure peaceful living. The spacious layout accommodates multiple residents comfortably, with common areas that encourage community while private bedrooms offer necessary quiet spaces for studying. Property provides strong returns in Ithaca's robust rental market. With Cornell's consistent demand for quality off-campus housing, this property represents not just a purchase but a strategic investment in one of America's most stable college town markets. Ready to expand your real estate portfolio with this exceptional multi-family opportunity? Contact us today to schedule a viewing!
Listing by: NYS ALLIANCE / Warren Real Estate / David Wahl
$910,000 (USD)
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Ithaca Town Area Single Family Home

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210 Forest Home Drive Ithaca Town, NY 14850

6 Bed
3.1 Baths
3471 sqft
MLS# R1640472
Welcome to Forest Home Lodge, an iconic residence located in the Forest Home neighborhood of Ithaca a recognized historic district with preservation efforts in place to protect its architectural integrity and distinctive character. Perfectly positioned along the edge of Cornell University, this stately home offers walk to campus convenience with no land lease.
Originally built in 1910 as the home of Ithaca's first judge, Forest Home Lodge is rich in history and craftsmanship while thoughtfully updated for modern living. The residence offers six spacious bedrooms and three and a half bathrooms, blending classic elegance with contemporary comfort.

Set on a fully fenced lot surrounded by mature greenery, the property provides a peaceful retreat just steps from campus. Flower and vegetable gardens are enjoyed from the screened in porch overlooking Fall Creek. Inside, gracious formal spaces invite entertaining, including a magnificent dining room and a living room centered around a cozy gas fireplace. Original details such as the chestnut staircase and welcoming front porch reflect the home’s historic pedigree.

The kitchen serves as the heart of the home with double ovens, abundant cabinetry, and natural stone countertops. Energy efficiency is a standout feature, with three solar arrays, two hybrid water heaters, and energy efficient heat pumps in every bedroom, providing cost effective heating, cooling, and hot water resulting in low monthly electric bill for much of the year.

The location is exceptional five minutes from the Cornell campus, Beebe Lake, and the Cornell Botanic Gardens. A third floor apartment with a full kitchen and bath offers flexible use as a guest suite or potential rental.

Historic charm, modern sustainability, and an unbeatable Cornell adjacent setting Forest Home Lodge offers it all.
Listing by: NYS ALLIANCE / Warren Real Estate / Jill Burlington